Realty Invest Transcontinental Buys 1,000 Shares of Transcontinental Realty Investors (NYSE:TCI) Stock

Transcontinental Realty Investors, Inc. (NYSE:TCI) major shareholder Realty Invest Transcontinental acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were acquired at an average price of $17.74 per share, with a total value of $17,740.00. Following the completion of the transaction, the insider directly owned 3,454,735 shares in the company, valued at approximately $61,286,998.90. This trade represents a 0.03% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Tuesday, June 23rd, Realty Invest Transcontinental bought 1,300 shares of Transcontinental Realty Investors stock. The stock was acquired at an average price of $17.88 per share, for a total transaction of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental purchased 1,500 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental acquired 352 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.85 per share, for a total transaction of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental bought 1,653 shares of Transcontinental Realty Investors stock. The stock was bought at an average price of $17.76 per share, with a total value of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental purchased 1,517 shares of Transcontinental Realty Investors stock. The shares were bought at an average price of $17.81 per share, for a total transaction of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental acquired 91 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental acquired 1,000 shares of Transcontinental Realty Investors stock. The shares were purchased at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Monday, June 8th, Realty Invest Transcontinental bought 2,000 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.50 per share, for a total transaction of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental purchased 2,474 shares of Transcontinental Realty Investors stock. The shares were purchased at an average price of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental purchased 157 shares of Transcontinental Realty Investors stock. The stock was purchased at an average cost of $17.77 per share, with a total value of $2,789.89.

Transcontinental Realty Investors Trading Down 4.0%

NYSE TCI traded down $1.96 during trading on Monday, reaching $46.51. The company’s stock had a trading volume of 10,409 shares, compared to its average volume of 5,344. The business has a 50-day moving average price of $38.71 and a 200-day moving average price of $43.56. Transcontinental Realty Investors, Inc. has a 1-year low of $31.48 and a 1-year high of $59.65. The stock has a market capitalization of $401.85 million, a PE ratio of 42.67 and a beta of 0.49.

Transcontinental Realty Investors (NYSE:TCI) last released its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter. Transcontinental Realty Investors had a net margin of 18.94% and a negative return on equity of 0.02%. The business had revenue of $12.34 million during the quarter.

Trending Headlines about Transcontinental Realty Investors

Here are the key news stories impacting Transcontinental Realty Investors this week:

• Positive Sentiment: Major shareholder Realty Invest Transcontinental has made multiple recent open-market purchases of TCI shares, suggesting insider confidence in the company’s outlook and valuation.
• Neutral Sentiment: The insider buying was disclosed in SEC filings and was relatively small as a percentage of total ownership, so it may support sentiment but is not a major fundamental catalyst.
• Neutral Sentiment: TCI’s last reported quarterly results showed modest profitability, with $0.02 EPS and $12.34 million in revenue, providing limited near-term earnings momentum.

Institutional Investors Weigh In On Transcontinental Realty Investors

Several institutional investors and hedge funds have recently made changes to their positions in TCI. Russell Investments Group Ltd. increased its position in shares of Transcontinental Realty Investors by 85.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 739 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 341 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Transcontinental Realty Investors in the 4th quarter worth approximately $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Transcontinental Realty Investors by 43.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,032 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 315 shares during the last quarter. Bank of America Corp DE increased its holdings in Transcontinental Realty Investors by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 1,310 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 424 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Transcontinental Realty Investors in the 2nd quarter valued at $68,000.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TCI. Weiss Ratings raised Transcontinental Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. Wall Street Zen raised Transcontinental Realty Investors to a “sell” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Transcontinental Realty Investors Company Profile

Transcontinental Realty Investors, Inc is a publicly traded real estate investment company listed on the NYSE under the ticker TCI. The company specializes in the acquisition, ownership and operation of neighborhood and community shopping centers. Its core focus is on open‐air retail properties anchored by grocery stores, pharmacies and national discount retailers, providing stable tenant demand and long‐term lease structures.

The firm’s portfolio comprises a diversified collection of retail shopping centers located primarily in the Midwest and Southern regions of the United States.